Bessent moved markets last week when he said in a private speech to JPMorgan Chase that he expects a deescalation in the trade war because “Neither side thinks the status quo is sustainable.” ...

The U.S. currency was last up 0.11% at 142.19 yen, barely reversing its 1.2% fall, and ticked 0.18% higher against the Swiss ...

The Treasury secretary said that the President Trump and Xi Jinping of China have a good relationship but that he was not ...

The dollar remains volatile as uncertainty looms over the Sino-U.S. trade war de-escalation. Treasury Secretary Bessent ...

Treasury Secretary Scott Bessent said Sunday that the American public’s growing recession fears are largely “media-driven.” ...

The IMF chief warns of a “new and major test” as it cuts growth projections on the back of the Trump administration’s tariffs ...

Sen. Elizabeth Warren (D., Mass) asked Treasury Secretary Scott Bessent to disclose details of a closed-door investor meeting ...